Sterling could be extra-sensitive to employment and wage data out on Tuesday due to the increasing tightness of the labour market.

May 14,2018

Pound Sterling suffered a fire-sale during the Bank of England's super-Thursday event, but ahead of the weekend we are finding the bears to be running out of steam with some positive hints about the economy coming from two high-street retailers.

May 11,2018

Rolling coverage of Pound Sterling's reaction to the release of the Bank of England's Monetary Policy Committee decision, Inflation Report and press conference.

May 22,2018

While no change to the interest rate is now expected at this month's event, the Bank's guidance and details contained within Inflation Report could be crucial in setting up market expectations for an August rate hike, an outcome that is being tipped as being broadly supportive to Sterling.

May 10,2018

For the Bank of England, May's interest rate policy decision and Inflation Report is not simply about guiding market expectations on the path of future policy, rather it's about the continued credibility of its ability to deliver any worthwhile guidance at all.

May 9,2018

Pound Sterling is still trading at a steep discount to "fair value", according to strategists at Bank of America Merrill Lynch, who argue that improving UK economic fundamentals mean the British currency is well positioned for a rebound to higher levels over the longer term.

May 9,2018